The microfinance industry contracted in Q2 FY25 with delinquency rates on loans rising to 4.3 per cent in September 2024.
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, ...
The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates ...
The loans disbursed in Q2 declined by 13.3 per cent as they fell to Rs 137.4 lakh from Rs 163.9 lakh in Q1.
The microfinance sector has been grappling with persistent challenges over the past several months, resulting in a notable ...
Manappuram microfinance arm Asirvad is expected to witness a gradual improvement in new business volumes, but it remains to ...
It is no surprise that some rural populations in Kenya, particularly small-scale farmers and informal traders lack avenues ...
Chartered Institute of Stockbrokers (CIS), has appointed Ayo Adeonipekun as the registrar and chief executive.
Microfinance institutions in India have experienced a dramatic growth of 2176% over 12 years, reaching Rs. 3.93 lakh crore by ...
The year-on-year delinquency rates on microfinance loans, where instalments are overdue by 30 to 180 days, jumped to 4.
Basil Rahmi, CEO of MSMEDA, highlighted that the agency aims to double this funding in 2025, with a stronger focus on supporting productive projects across Egypt ...
The discussions centered on strengthening the MFI sector to expand financial inclusion and enhance support for low-income ...